The Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction $($LO $1\mathrm{.}3,1\mathrm{.}5,1\mathrm{.}7)$

Diego, age $28,$ married Dolores, age $27,$ in $2023.$ Their salaries for the year amounted to $$52,000.$ They had dividend income of $$2,600.$ Diego and Dolores' deductions for adjusted gross income amounted to $$3,000,$ their itemized deductions were $$19,000,$ and they have no dependents.

Table for the standard deduction

Filing Status Standard Deduction

Single $$13,850$

Married, filing jointly $27,700$

Married, filing separately $13,850$

Head of household $20,800$

Surviving spouse $27,700$

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a$.$ What is the amount of their adjusted gross income?

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b$.$ In order to minimize taxable income, Diego and Dolores will

in the amount of

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c$.$ What is the amount of their taxable income?

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d$.$ Assuming no tax credits apply, what is their tax liability for $2023?$

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